student loan deal

I am having a hard a time paying for college and the only person I have as a co signer is my mother and she doesn’t have the best of credit ratings she barely has any credit doesnt believe in all that stuff. so does anyone have any idea what I can do.

Rent Back
Categories : student loan
Comments (2)
Aug
27

Mortgage scam/Bank fraud?

By · Comments (9)
mortgage fraud

The daughter of a dear friend of mine has gotten herself in some pretty deep trouble and claims innocence. See link.
Is it possible that anyone involved in this may not have known what was going on?
http://www.mortgagefraudblog.com/index.php/weblog/comments/2714/

Quick House Sale
Categories : homeowner loan
Comments (9)
homeowner loan

If you are a homeowner, you can pledge your home and get a big loan amount in return. This is the easiest way to avail a loan. Even lenders would not ask you too many questions just because they are getting a security for their money. They know that they have a support in the form of your home. But, if you are apprehensive of rising number of repossessions, there is another way out also.

A homeowner can take unsecured loan without requiring to pledge his home. Unsecured loan for homeowner comes with a little higher rate of interest when compared to secured homeowner loans. This happens due to the higher risk that lenders have to assume without the security in place. You should make sure that your credit score is high enough to get you a loan at competitive rate. A better credit record gets you a better interest rate.

Credit rating agencies like Experian and Equifax can be approached if you are not aware of your credit score. These agencies charge a little fee for providing you with a credit score. In fact, these agencies record every detail in your credit file and keep it updated for financial purposes. Lenders confirm your credit record from these agencies before sanctioning you any type of loan.

If you have a credit score of above 600, it is considered safe. Unsecured homeowner loans can bring you a loan of up to £25,000. Of course, your credit score would be a critical factor in getting that much amount. The repayment term usually varies between one to ten years. It becomes difficult to get an unsecured loan for homeowners in case of bad credit history. Even if you get it, the interest rate would be very high. So, maintaining a good credit score should be a priority for every borrower.



Real Estate Professionals
Categories : homeowner loan
Comments (0)
personal loan

I just received an offer to apply for a personal loan for up to 35,000 with Bank of America and for up to 5,000 with citibank. I actually need no more than 7,500. The interest rate is between 9,97 and 27,88 based on credit worthyness. I will like to know how it works. I’m hesitating between that and applying for a credit card. My credit score is fair (650). A friend advised me to go for the loan because it’s a guaranteed fixed interest. But since I’ve never done it b4 I will appreciate some more advice. Thanks Much.

Real Estate Professionals
Categories : personal loan
Comments (2)
homeowner loan

For example, our homeowner’s insurance is in an impound account, as well as property taxes. Will any of this come back or will it be absorbed into what is owed to the lender?

Sell House Quick
Categories : homeowner loan
Comments (2)
debt consolidation

Based on some research predictions, a credit refusal will rise to 8.6 million in 2011 from 7 million recorded in 2006 due to the rising of interest rate. If you have debt burdens, now has to be the best time for you to re-examine your debt issues and get it in-control by reducing the interest rate of your debt. Debt consolidation can provides you a perfect solution to bring your debt back to a manageable level by lowering your debt interest burden while you work out to get rid of it.

Debt consolidation is the most common debt solutions opt by debtors to be their preferred choice in handling their debt issue. Many of debtors consolidate their debts into one payment with a secured debt consolidation loan that deliver substantial debt interest burden relief and huge peace of mind. If you have an overwhelming debt problem and you are lucky that you own a home that can be pledged as collateral to get a secured debt consolidation loan, you are at the best position to handle your debt issue.

Of course, you must think carefully before securing debt against your home. You will face the risk of losing you home if you default the consolidation loan payment that you secured with your home. Normally, a secured consolidation loan has much lower interest rate as compare to your debt. Shop around your local banks or surf on internet to look for best deals, you should be able to find a consolidation loan that best fit your needs.

Secured debt consolidation loan with your home as the collateral allows you to get much higher loan amount, which can up to your home equity value and at a lower interest rate. You can use the consolidation loan to clear all your existing debts and save some interest from the lower interest rate of the loan. If your existing monthly debt payment is a burden to you, you can select a longer repayment term to lower your monthly payment to a level that is comfort to you, but you are advised to take just the loan term that is enough to lower the repayment to your affordability and not the longest term to enjoy the lowest monthly payment because the longer the term of your consolidation loan, you will end up paying more in total interest.

You should use the benefit of debt consolidation to reduce your debt burden and not the other way round. There are many debtors who go through a debt consolidation end up with another debt trap, even worse for those who taking secured consolidation loan, losing their home as they default the loan payment. Hence, after paying your existing debts with secured consolidation loan and before clearing your debt consolidation loan payment, you should budget your expenses so that all the expenses and consolidation loan repayment are within your income affordability.

Summary

Debt with high interest rate will causes you pay more in your total debt payment and you will need a longer time to clear all debts. You can reduce the interest burden by consolidating all your debt with a debt consolidation loan that has much lower interest rate. Smartly utilize the benefit of debt consolidation can help you to reduce your debt interest burden and get rid your debt faster.



Sell and Rent Back
Categories : debt consolidation
Comments (0)
cheap loan

Maybe i can take two loans. We want start business.

Quick Property Sale
Categories : cheap loan
Comments (5)
mortgage fraud

I got a letter from my mortgage company saying that an employee “may” have sold the information off my application. They have fired the person, but the deed is already done. What should I do? What would you do?
The mortgage company said I get complimentary credit reviewing for two years… but did not mentinon my sister who was the co-signer… and she is worried about her information as well.
Both great answers- I’ll let Yahoo people vote on this one. Thank you!

Quick Property Sale
Categories : homeowner loan
Comments (2)
secured loan

I have terrible credit and I need a loan. I have a paid off newer nice car bought with cash. Do banks give small loans with the secured car title? I don’t want a to go to a title place becuase i have heard bad things about them. I also have an auto loan i am paying on in good dtanding for 7 months now

Rent Back
Categories : secured loan
Comments (6)
unsecured loan

I am working on starting a small business soon. I am financing a big chunk myself but need a small business loan for more than half of the start-up cost.
I have been told by different professionals out there that with my age, credit score, and years of established credit I would easily qualify for an unsecured business loan, meaning that I don’t have to put my house and other assets on the line. This is obviously a huge benefit, but aside from an APR higher than one on a secured loan, and expensive loan fees, what are the risks and downsides of an unsecured loan? Also, do you know of any financial company who offer such loans fee-free?

Serious answers only please, and thanks in advance for your help.

Quick House Sale

Categories : unsecured loan
Comments (2)

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